New Evidence Questions the Credibility of Multi-billion Dollar “Sustainable Finance” Deals Arranged by Japanese Megabank MUFG
As Billions in finance have flowed to the Royal Golden Eagle Group, deforestation connected to the giant conglomerate continued August 27, 2024 – San Francisco, CA – Today, Rainforest Action…
Fossil Fuel Financing reaches $6.9 Trillion since the Paris Agreement
Fossil fuels are a dead end for people and the planet. Big banks are financing them anyway. 2023 was the hottest year ever recorded, with an average global surface temperature…
Banking on Climate Chaos: Fossil Fuel Finance Report 2024
The world’s 60 biggest banks poured over $6,900,000,000,000 over 8 years into the fossil fuel industry, driving climate chaos & causing deadly local community impacts.
What COP28 Means For the World of Climate Finance
For the first time, this COP recognizes that the only way to fend off climate chaos is through tackling fossil fuels and sends a clear signal to the world to…
Report: Major Bank and Investor Policies Accelerating Forest Destruction, Biodiversity Loss, Climate Chaos and Rights Violations
New analysis documents $307 billion flowing from big finance into forest-risk commodities driving massive tropical deforestation *View report landing page here A new report released today, on ‘Finance Day’ at…
Complicit: Bank of America, Human Rights, and Fossil Fuel Expansion
The brutal reality of climate chaos is being lived by millions of people around the world today, with its greatest burden borne by mostly BIPOC and low-income communities. Our global…
Complicit: Bank of America’s Role in Fossil Fuel Expansion and the Violation of Human Rights
Bank of America’s current policies and financing practices enable it to profit from climate chaos by leveraging the hard earned dollars of the individual customers it claims to care about, despite its stated commitment to respecting human rights and mitigating climate change.
Methane Gas from LNG Production is a Climate Emergency
This is an opinion piece by RAN’s Climate & Energy Program Director, Aditi Sen, originally published in Newsweek. Due to climate change parts of India, where I’m from, are questioning…
Looking Ahead: Seven Priorities to Guide us in 2023
It’s 2023 and the clock is ticking as we race toward 2030 — the indisputable, internationally agreed upon deadline to cut global emissions by half if we want to mitigate…
These U.S. Banks Are Financing Climate Chaos through Fossil Fuel Expansion
We’ve heard lofty net zero promises over the last year from the top U.S. banks – Bank of America, JPMorgan Chase, Citi, Wells Fargo, Morgan Stanley, and Goldman Sachs. But…